NYSE:WPM Wheaton Precious Metals (WPM) Stock Forecast, Price & News $45.12 +0.15 (+0.33%) (As of 02:52 PM ET) Add Compare Share Share Today's Range$45.09▼$45.9250-Day Range$44.13▼$4,192.0052-Week Range$28.62▼$52.76Volume1.09 million shsAverage Volume2.26 million shsMarket Capitalization$20.43 billionP/E Ratio32.70Dividend Yield1.33%Price Target$350.56 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Wheaton Precious Metals MarketRank™ ForecastAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside671.1% Upside$350.56 Price TargetShort InterestBearish3.36% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.48Upright™ Environmental ScoreNews Sentiment1.49Based on 4 Articles This WeekInsider TradingSelling Shares$197,085 Sold Last QuarterProj. Earnings Growth16.10%From $1.18 to $1.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.80 out of 5 starsBasic Materials Sector21st out of 164 stocksGold & Silver Ores Industry4th out of 29 stocks 4.4 Analyst's Opinion Consensus RatingWheaton Precious Metals has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $350.56, Wheaton Precious Metals has a forecasted upside of 671.1% from its current price of $45.46.Amount of Analyst CoverageWheaton Precious Metals has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.36% of the float of Wheaton Precious Metals has been sold short.Short Interest Ratio / Days to CoverWheaton Precious Metals has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Wheaton Precious Metals has recently increased by 13.44%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldWheaton Precious Metals pays a meaningful dividend of 1.30%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWheaton Precious Metals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Wheaton Precious Metals is 43.48%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 43.80% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWheaton Precious Metals has received a -134.06% net impact score from Upright. The largest negative impact of Wheaton Precious Metals in category "GHG emissions" seems to be driven mostly by its "Mutual funds investing in gold", "Mutual funds investing in silver", and "Mutual funds investing in cobalt" products. See details.Environmental SustainabilityThe Environmental Impact score for Wheaton Precious Metals is -3.48. Previous Next 2.5 News and Social Media Coverage News SentimentWheaton Precious Metals has a news sentiment score of 1.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Wheaton Precious Metals this week, compared to 8 articles on an average week.Search InterestOnly 14 people have searched for WPM on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wheaton Precious Metals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $197,085.00 in company stock.Percentage Held by Institutions57.01% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Wheaton Precious Metals are expected to grow by 16.10% in the coming year, from $1.18 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wheaton Precious Metals is 32.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Wheaton Precious Metals is 32.94, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 87.86.Price to Earnings Growth RatioWheaton Precious Metals has a PEG Ratio of 7.83. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWheaton Precious Metals has a P/B Ratio of 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Wheaton Precious Metals (NYSE:WPM) StockWheaton Precious Metals Corp. is a mining company engages in the sale of precious metals and cobalt production. It operates through the following business segments: Gold, Silver, Palladium, Cobalt, and Other. The company was founded by Peter Derek Barnes on December 17, 2004 and is headquartered in Vancouver, Canada.Read More Receive WPM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wheaton Precious Metals and its competitors with MarketBeat's FREE daily newsletter. Email Address WPM Stock News HeadlinesJune 8, 2023 | finance.yahoo.comTop 20 Largest Cobalt Producing CountriesJune 4, 2023 | americanbankingnews.comBrokerages Set Wheaton Precious Metals Corp. (NYSE:WPM) Price Target at $350.56June 8, 2023 | Chaikin Analytics (Ad)Famous Wall Street Crash System Flashes REDHundreds of banks, hedge funds, and brokerages have paid $5,000 a month to access these alerts. Because when this system flashes on U.S. stocks, huge gains – and losses – can follow.June 1, 2023 | finance.yahoo.comIf History Repeats, 1 Widely Owned Commodity Is Set to SkyrocketMay 26, 2023 | seekingalpha.comBalance In The Force: Wheaton Precious Metals & SSR MiningMay 26, 2023 | americanbankingnews.comBarclays Lowers Wheaton Precious Metals (NYSE:WPM) Price Target to $42.00May 26, 2023 | americanbankingnews.comRoyal Bank of Canada Lowers Wheaton Precious Metals (NYSE:WPM) to Sector PerformMay 23, 2023 | msn.comWheaton Precious Metals cut at RBC as fairly valued ahead of short-term growthJune 8, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 23, 2023 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Wheaton Precious MetalsMay 23, 2023 | americanbankingnews.comWheaton Precious Metals (NYSE:WPM) Cut to "Sector Perform" at Royal Bank of CanadaMay 20, 2023 | americanbankingnews.comWheaton Precious Metals (NYSE:WPM) Shares Gap Down to $49.25May 20, 2023 | americanbankingnews.comWheaton Precious Metals Corp. (TSE:WPM) to Post Q4 2023 Earnings of $0.46 Per Share, Raymond James ForecastsMay 20, 2023 | americanbankingnews.comRaymond James Equities Analysts Increase Earnings Estimates for Wheaton Precious Metals Corp. (NYSE:WPM)May 19, 2023 | finance.yahoo.comWheaton Precious Metals Announces Passing of Former DirectorMay 19, 2023 | americanbankingnews.comWheaton Precious Metals (NYSE:WPM) Coverage Initiated by Analysts at StockNews.comMay 17, 2023 | seekingalpha.comWheaton Precious Metals Corp. (WPM) BofA Securities Global Metals, Mining & Steel Conference (Transcript)May 17, 2023 | proactiveinvestors.comLumina Gold announces significant precious metals purchase agreement with Wheaton Precious MetalsMay 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Wheaton Precious Metals (WPM) and NexGel Inc (NXGL)May 17, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Wheaton Precious Metals Corp. (TSE:WPM) Cut by AnalystMay 17, 2023 | americanbankingnews.comZacks Research Weighs in on Wheaton Precious Metals Corp.'s Q2 2023 Earnings (NYSE:WPM)May 16, 2023 | theglobeandmail.comClosing Bell: Wheaton Precious Metals Corp down on Tuesday (WPM)May 16, 2023 | americanbankingnews.comWheaton Precious Metals Corp. (TSE:WPM) Plans Quarterly Dividend of $0.20May 16, 2023 | americanbankingnews.comWheaton Precious Metals Corp. (NYSE:WPM) Declares $0.15 Quarterly DividendMay 15, 2023 | theglobeandmail.comClosing Bell: Wheaton Precious Metals Corp up on Monday (WPM)May 15, 2023 | finance.yahoo.comWheaton Precious Metals Could Keep ShiningMay 15, 2023 | finance.yahoo.comWheaton Precious Metals Publishes 2022 Sustainability Report Highlighting Commitment to ProgressSee More Headlines WPM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WPM Company Calendar Last Earnings5/04/2023Ex-Dividend for 6/2 Dividend5/18/2023Ex-Dividend for 6/2 Dividend5/18/2023Dividend Payable6/02/2023Dividend Payable6/02/2023Today6/08/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:WPM CUSIPN/A CIK1323404 Webwww.wheatonpm.com Phone(604) 684-9648Fax604-684-3123Employees44Year FoundedN/APrice Target and Rating Average Stock Price Forecast$350.56 High Stock Price Forecast$4,700.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+672.5%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.38 Trailing P/E Ratio32.88 Forward P/E Ratio38.46 P/E Growth7.83Net Income$669.13 million Net Margins64.08% Pretax Margin63.39% Return on Equity6.81% Return on Assets6.76% Debt Debt-to-Equity RatioN/A Current Ratio9.61 Quick Ratio9.54 Sales & Book Value Annual Sales$1.07 billion Price / Sales19.29 Cash Flow$1.61 per share Price / Cash Flow28.24 Book Value$14.85 per share Price / Book3.06Miscellaneous Outstanding Shares452,830,000Free FloatN/AMarket Cap$20.55 billion OptionableOptionable Beta0.58 Key ExecutivesRandy Vernon Joseph SmallwoodPresident, CEO & Non-Independent DirectorGary Duncan BrownChief Financial & Accounting Officer, Senior VPNeil R. BurnsVice President-Technical ServicesHaytham Henry HodalySenior Vice President-Corporate DevelopmentRyan UlanskySenior Director-EngineeringKey CompetitorsAgnico Eagle MinesNYSE:AEMGold FieldsNYSE:GFIFranco-NevadaNYSE:FNVBarrick GoldNASDAQ:GOLDAngloGold AshantiNYSE:AUView All CompetitorsInsiders & InstitutionsEP Wealth Advisors LLCBought 9,291 shares on 6/5/2023Ownership: 0.002%Ontario Teachers Pension Plan BoardSold 15,316 shares on 6/1/2023Ownership: 0.003%Toroso Investments LLCSold 3,591 shares on 5/23/2023Ownership: 0.007%Ameriprise Financial Inc.Bought 174,838 shares on 5/22/2023Ownership: 0.278%Arete Wealth Advisors LLCBought 7,595 shares on 5/22/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions WPM Stock - Frequently Asked Questions Should I buy or sell Wheaton Precious Metals stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WPM shares. View WPM analyst ratings or view top-rated stocks. What is Wheaton Precious Metals' stock price forecast for 2023? 10 equities research analysts have issued 12-month target prices for Wheaton Precious Metals' stock. Their WPM share price forecasts range from $38.00 to $4,700.00. On average, they expect the company's share price to reach $350.56 in the next year. This suggests a possible upside of 672.5% from the stock's current price. View analysts price targets for WPM or view top-rated stocks among Wall Street analysts. How have WPM shares performed in 2023? Wheaton Precious Metals' stock was trading at $3,235.00 on January 1st, 2023. Since then, WPM stock has decreased by 98.6% and is now trading at $45.38. View the best growth stocks for 2023 here. When is Wheaton Precious Metals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our WPM earnings forecast. How were Wheaton Precious Metals' earnings last quarter? Wheaton Precious Metals Corp. (NYSE:WPM) posted its earnings results on Thursday, May, 4th. The company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The business had revenue of $214 million for the quarter, compared to analyst estimates of $237.87 million. Wheaton Precious Metals had a trailing twelve-month return on equity of 6.81% and a net margin of 64.08%. The business's revenue for the quarter was down 30.3% on a year-over-year basis. During the same quarter last year, the business earned $0.35 EPS. How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals? Wheaton Precious Metals declared a quarterly dividend on Thursday, May 4th. Stockholders of record on Friday, May 19th will be given a dividend of $0.15 per share on Friday, June 2nd. This represents a $0.60 annualized dividend and a yield of 1.32%. The ex-dividend date is Thursday, May 18th. Read our dividend analysis for WPM. What ETFs hold Wheaton Precious Metals' stock? ETFs with the largest weight of Wheaton Precious Metals (NYSE:WPM) stock in their portfolio include Global X Silver Miners ETF (SIL), iShares North American Natural Resources ETF (IGE), Capital Group Growth ETF (CGGR), iShares International Dividend Growth ETF (IGRO), iShares MSCI ACWI Low Carbon Target ETF (CRBN) and iShares MSCI Intl Size Factor ETF (ISZE).iShares Core MSCI International Developed Markets ETF (IDEV). Is Wheaton Precious Metals a good dividend stock? Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.30%. The dividend payout ratio is 43.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 43.80% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WPM. What other stocks do shareholders of Wheaton Precious Metals own? Based on aggregate information from My MarketBeat watchlists, some companies that other Wheaton Precious Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD). What is Wheaton Precious Metals' stock symbol? Wheaton Precious Metals trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPM." Who are Wheaton Precious Metals' major shareholders? Wheaton Precious Metals' stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (4.33%), Van ECK Associates Corp (4.29%), FIL Ltd (1.50%), Vaughan Nelson Investment Management L.P. (1.26%), Mirae Asset Global Investments Co. Ltd. (1.25%) and Connor Clark & Lunn Investment Management Ltd. (1.15%). Insiders that own company stock include Chantal Gosselin, Curzio Domenico Bernardi, Douglas Martin Holtby, Eduardo Luna, Gary Duncan Brown, George Leslie Brack, Haytham Henry Hodaly, John Brough, Patrick Eugene Drouin, Randy Smallwood and Randy V J Smallwood. View institutional ownership trends. How do I buy shares of Wheaton Precious Metals? Shares of WPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Wheaton Precious Metals' stock price today? One share of WPM stock can currently be purchased for approximately $45.38. How much money does Wheaton Precious Metals make? Wheaton Precious Metals (NYSE:WPM) has a market capitalization of $20.55 billion and generates $1.07 billion in revenue each year. The company earns $669.13 million in net income (profit) each year or $1.38 on an earnings per share basis. How can I contact Wheaton Precious Metals? Wheaton Precious Metals' mailing address is 1021 WEST HASTINGS STREEET SUITE 3500, VANCOUVER A1, V6E 0C3. The official website for the company is www.wheatonpm.com. The company can be reached via phone at (604) 684-9648, via email at info@silverwheaton.com, or via fax at 604-684-3123. This page (NYSE:WPM) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Wheaton Precious Metals Corp. 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